Dow Jones: 20,404.49 pts (-118.79pts, -0.58%)
The Dow (-0.5%) retreated overnight, extending its fall for a fourth straight session after Goldman Sachs and Johnson & Johnson earnings missed forecast. At the same time, the healthcare sector was also pulled down along with the weakness in the bellwethers. The S&P 500 slipped 0.3%, while the Nasdaq was 0.1% lower.

FBM KLCI: 1,738.95 pts (-1.65pts, -0.09%)
The weakness on global indices also permeated to the FBM KLCI as it slipped back below the 1,740 level.  Still, the losses were mild (-0.1%) as there was selective support on the index heavyweights, but the lower liners and broader market shares saw sharper corrections.

Crude Palm Oil: RM2,465 (-RM8, -0.32%)
Crude palm oil prices slid antoehr RM8.00 to close at RM2,465 amid fears of oversupply. Support remains at around RM2400.

WTI Crude Oil: $50.44 (-$1.97, -3.78%)
Crude oil prices fell as weekly data showed output at highest level since August 2015. 

Gold: $1,280.21 (-$9.55, -0.74%)
Gold fell for the first time in six sessions on a higher Dollar and lower demand 

Economic Releases:
US - Markit Manufacturing and Services PMI
US- Existing home sales 
MY - Foreign reserves 

Bursa Malaysia Trade Statistics - 19 Apr 17
Institutions:  Net BUY 100.2 mln (61.7%)
Retail:  Net SELL 23.6 mln (18.7%)
Foreign:  Net SELL 76.6 mln (19.6%)

Potential Momentum Stocks - 20 Apr 17 
Stock Name: REXIT (0106)
Entry: Buy above RM0.830
Target: RM0.890 (7.2%), RM0.915 (10.2%)
Stop: RM0.775 (-6.6%)
Shariah: Yes
Technical: Breakout momentum trade 

Stock Name: GENTING-WA (3182WA)
Entry: Buy above RM1.580
Target: RM1.630 (3.2%), RM1.710 (8.2%)
Stop: RM1.500 (-5.1%)
Shariah: No
Technical: Breakout momentum trade 

Source: Bloomberg, M+ Online

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